Case Study 12-1

Case 12-1 Reducing Health-Care Costs The most important employee put on in the workplace is wellness fear insurance. There a trade of insurance companies who would love to be in business with corporations unless since there are so many corporations will fill to decide what is the best fit their company. Health care is a big money business and corporations have to pay the meridian for their employees health care insurance if they do non have a health managed organization controlling their health care coverage. In Morristown, New Jersey, Polson Corporation top worry was informed their medical premiums were ab bug out to rise 20% up from the 8% from the previous(prenominal) year and their health care explanation will skyrocketed by $250 million by 2013. With this in theme Polson decided not to go with the traditional remedies of larger co-pays or increasing deductible of their employees (Cascio, 2013). They decided to hire the Whitefish Corporation a large employee benefit company to partner up with them to table service with the challenges of skyrocketed health care costs. In 2009, Polson signed a one-third year deal with Whitefish and was wondering how to get the word out to their employees to inform them of the increase in medical premiums (Cascio, 2013).

Polson corporation should be honest and upfront with their employees and let them sack out that health care for its organization is been increased 20% up from 8% the previous year and it is project to rise from $647 million to 997 million. Polson should let their employees know they have their best interest at heart and did not raise the deductibles or the co-pays that are traditionally done in this situation. express employees what steps were taken to keep cost brush up to the lowest dollar so they could afford health care. Inform employees they partner up with Whitefish Corporation who is a large employee benefit corporation whom is well known and have a health care network across the United States. Polson should set up a forum with... If you want to get a skillful essay, order it on our website: Orderessay

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